MDT LIVE TRACK FEED

MDT MACAU GRAND PRIX SPECIAL

Home | Forum | Mozambique | President calls for resumption of international aid

Mozambique | President calls for resumption of international aid

-
Wednesday, May 17, 2017 - 4 months ago No Comments 1,501 Views

Mozambican President Filipe Nyusi

The Mozambican President asked international organizations and countries that contribute financially to the State Budget to resume this support “so that the government can consolidate the country’s development efforts,” Mozambican newspaper Notícias reported.

Filipe Nyusi’s statements in Angoche at the end of a three-day visit to Nampula province were the first official response to the delivery of the international audit report on the loans contracted by three public companies with the support of the Mozambican state.

The report, drawn up by Kroll Associates UK, was delivered last Friday to the Attorney General’s Office, which is leading the investigation into the loans and the final destination of more than USD2 billion.

“The progress made in restoring effective peace and the ongoing macroeconomic correction measures in the country are key to restoring confidence among partners and investors,” said Nyusi, thanking the Swedish government for its support in paying for the audit.

The President also noted the willingness of the government to provide the necessary support for the conclusion of this process conducted by the Attorney General’s Office.MDT/Macauhub

Disclaimer

These articles are intended to provide general resources for the tax and accounting needs of small businesses and individuals. Service2Client LLC is the author, but is not engaged in rendering specific legal, accounting, financial or professional advice. Service2Client LLC makes no representation that the recommendations of Service2Client LLC will achieve any result. The NSAD has not reviewed any of the Service2Client LLC content. Readers are encouraged to contact a professional regarding the topics in these articles. The images linked to these articles are protected by copyright and should not be copied for any reason.